Compared to get awarded programs from existing OEMs, I would prefer CBR to sign contracts with some new OEMs. If CBR really believes that electric cars are the future, they should try to reach out to EV only companies like BYD and Tesla.
In the electric vehicle sector, General Motors and Ford are already far behind Tesla and some Asian brands, such as NIO, XPeng, Li Auto, BYD, and even recently launched Vietnamese automaker Vinfast.
Ann: Approval of Scheme Meeting and Scheme Booklet, page-7
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